China Aiming for Shanghai-London Trading Link This Year

The program with London Stock Exchange Group Plc would be the third system to give foreigners access to the mainland equity market, the world’s second biggest by value. A link between Shanghai and Hong Kong started in November 2014, and a connect between ... ( read original story ...)

China vows wider access to financial markets amid trade row

and also will "strive" to establish a similar link between Shanghai and London this year. Central Bank Governor Yi Gang also said China would move ahead with plans to remove limits on foreign shareholdings in Chinese financial institutions. Foreign firms ... ( read original story ...)

‘Unmanned bank’ makes debut in Shanghai

A China Construction Bank branch on Kiukiang Road, Shanghai, is being touted as the first "unmanned bank" on the Chinese mainland with its opening on April 9, 2018, reports the Shanghai Observer. Instead of being approached by human personnel, the bank ... ( read original story ...)

China’s central bank says it will skip OMOs on Wednesday

SHANGHAI (Reuters) - China’s central bank said it will skip open market operations on Wednesday as liquidity levels in the banking system were “relatively high”. On a net basis, the People’s Bank of China (PBOC) will drain 20 billion yuan ($3.18 ... ( read original story ...)

China Exchange Warns About a Standout New Stock Up 959 Percent

The Shanghai Stock Exchange has asked some brokerages to warn investors ... China Securities Regulatory Commission Chairman Liu Shiyu in February 2017 attacked “capital market crocodiles” that exploit retail investors. The exchange did not specify ... ( read original story ...)

Shanghai plans to set up financial court

SHANGHAI, March 29 (Xinhua) -- China is planning to launch a court in Shanghai to deal with cases related to financial disputes as part of its efforts to improve the judicial system and ensure financial stability. The central committee for deepening ... ( read original story ...)